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‘Paper Plane,’ ‘Helicopter’ and ‘Old Bogus Massacre’ Among Austin Film Festival Script and Film Competition Award Winners (EXCLUSIVE)
The Austin Film Festival announced winners from its 33rd annual script and film competition, which received over 12,500 submissions. The festival selected 21 writing teams and awarded winners in multiple categories, with some eligible for Academy Award consideration.
Alex Gibney-Produced ‘Mohabat,’ Directed by James Longley, Wins at Ji.hlava: ‘Meticulously Researched and Exquisitely Crafted’
James Longley’s ‘Mohabat,’ produced by Alex Gibney, won the Opus Bonum award at Ji.hlava Documentary Film Festival on Saturday for its portrayal of a boy navigating life after loss.
Nike’s India campus is a long-term growth bet amid turnaround
Nike announced plans to build a new global campus in Bengaluru, India, as part of its turnaround strategy under CEO Elliott Hill, betting on the country’s growing sports participation and retail potential.
Walmart launches joint membership with Sam’s Club as it leans into delivery, gas discounts
Walmart announced a combined membership with Sam’s Club for $120 annually, offering warehouse access, free delivery, streaming subscriptions, and gas savings to compete for price-sensitive shoppers.
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UK petrol price hits Iran war high, adding to pressure on households
UK petrol prices reached a new Iran war high of 160p per litre, rising from 151p in early July as Middle East tensions escalated, pressuring households ahead of summer holidays.
‘Watch The Odyssey for free online’: scam targets film fans with fake streaming sites
Fraudsters are operating fake streaming websites offering free access to the summer blockbuster The Odyssey, targeting film fans by requesting bank details and exposing them to theft and malware.
Student loan borrowers face steeper ‘marriage penalty’ under new repayment plan
Married student loan borrowers face higher monthly payments under the Department of Education’s new repayment plan, particularly when filing taxes jointly, requiring careful financial planning decisions.
Interest rates may stay higher for longer. What that means for consumers
Federal Reserve officials signal potential rate increases ahead as inflation remains elevated, which could increase borrowing costs for consumers already facing affordability pressures from persistent price growth.
Inflation eases in July as gasoline and grocery prices fall
Consumer prices in July rose 3.4% year-over-year, a slower pace than earlier in the summer, as gasoline and grocery prices declined from the previous month.
New federal rules could end mortgage escrow interest for some homeowners. States are suing to block them
Ten state attorneys general filed a lawsuit challenging new federal banking rules that allow certain institutions to avoid paying interest on mortgage escrow accounts holding property taxes and insurance payments.
Nintendo’s fiscal first-quarter profit and revenue beat estimates, despite Switch 2 sales slump
Nintendo beat earnings estimates despite a 34.4% decline in Switch 2 hardware sales in its fiscal first quarter ended June 30, driven by strong game software performance.
Peloton posts first-ever annual net profit, but shares drop as outlook disappoints
Peloton reported its first annual net profit in fiscal 2026 but projected sales will decline next year, causing shares to drop nearly 13% as investors reacted negatively to the outlook.
World’s biggest chipmaker TSMC’s sales surge 45% amid buoyant AI demand
Taiwan’s TSMC reported July revenue of 467.58 billion New Taiwan dollars, up 44.7% year-over-year, as artificial intelligence chip demand remained robust.
‘Tougher times ahead’: Don’t expect blowout returns to continue, CEO of $2.3 trillion fund warns after record first half
Norway’s largest sovereign wealth fund posted a record first-half profit nearing $185 billion, but its CEO cautioned investors against expecting similar returns to persist in coming months.
Intercorp Financial Services Inc. Q2 2026 Earnings Call Summary
Intercorp Financial Services reported second-quarter net income of PEN 640 million with an 18.5% return on equity, exceeding midterm targets despite revenue pressures and elevated operating expenses.
NIO Stock Falls as Blackrock Slashes Stake in EV Maker
Nio shares declined after BlackRock reduced its stake in the Chinese EV manufacturer by approximately 12%, offloading 1.2 million shares amid broader investor concerns about the sector.